Number of Smart Factories in South Korea to be Almost Doubled

Cho Jin-young for Business Korea:  The Ministry of Trade, Industry & Energy announced on February 2 that the South Korean government invests 90.5 billion won and the private sector invests 20.3 billion won this year so that smart factories can be built for at least 2,200 small and medium-sized enterprises (SMEs) and the number of such factories in South Korea can be increased to 5,000 before the end of this year.

The ministry is planning to diversify the types of smart factories, too. For example, the new smart factories are slated to include 500 clean energy-based ones for a higher level of energy efficiency and 50 cloud-type smart factories that are capable of connecting regions and various sectors of the manufacturing industry.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Emulate3D Engineering Software Creates Your Advantage

Emulate3D Engineering Software Creates Your Advantage

Emulate3D software helps you model and test your AMHS solutions rapidly. Use Demo3D to create running models quickly, then generate videos, stills, or view the models in virtual reality at the click of a button. Sim3D enables you to carry out experimental test runs to select optimal solutions and the most robust operating strategy, and Emulate3D Controls Testing is the best way to debug your PLCs offline, and off the project's critical path. Connect to major PLCs, import CAD, and plug into HTC Vive and Oculus Rift to produce awesome models!